An update from West African Resources Ltd ( (AU:WAF) ) is now available.
West African Resources Ltd announced the issuance of unquoted equity securities in the form of performance rights under an employee incentive scheme. This issuance involves a total of 1,847,907 performance rights, which are not intended to be quoted on the ASX. The move is part of the company’s strategy to incentivize and retain its employees, potentially enhancing operational performance and aligning employee interests with shareholder value.
More about West African Resources Ltd
West African Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and production of gold in West Africa. The company is listed on the Australian Securities Exchange (ASX) under the code WAF.
YTD Price Performance: 52.17%
Average Trading Volume: 17,672
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.61B
Find detailed analytics on WAF stock on TipRanks’ Stock Analysis page.